Management and Supply of ATM - Cash Recycler Machine (CRM)
Management and Supply of ATM - Cash Recycler Machine (CRM); As per RFP
Tender Timeline
Tender Title: Management and Supply of ATM - Cash Recycler Machine (CRM)
Reference Number: 1d147db47
Issuing Authority: Department of Financial Services, Ministry of Finance
Scope of Work and Objectives
The tender aims to procure services for the management and supply of ATM - Cash Recycler Machines (CRM) in accordance with the Request for Proposal (RFP). This procurement is essential to enhance the operational efficiency of cash handling systems and improve the customer experience at banking outlets. The successful bidder will be responsible for supplying high-quality CRM machines that meet the necessary specifications and requirements.
Eligibility Criteria
To qualify for this tender, bidders must fulfill specific eligibility requirements, which generally include being a registered entity and having a valid license for conducting related business activities. Further criteria may include demonstrable experience in supplying similar equipment and financial stability.
Technical Requirements
Bidders must adhere to precise technical requirements, which will be outlined in the RFP. These can include specifications such as machine functionalities, security features, connectivity, operational efficiency, and compliance with industry standards. All supplied CRM machines should meet the necessary certifications and operational benchmarks to ensure reliability.
Financial Requirements
The financial requirements for participation in this tender involve providing adequate financial backing, which may include details of existing financial commitments, bank guarantees, and other forms of financial assurance as mandated in the RFP. Bidders should also provide a competitive pricing structure that aligns with the market standards while adhering to government procurement regulations.
Document Submission Details
Participants are required to submit a set of essential documents as specified in the tender documentation. These documents may include organization profiles, proof of eligibility, technical specifications, and financial proposals. It's crucial for bidders to ensure that all submitted documents are complete and in the required formats to avoid disqualification.
Special Provisions
Special provisions may be available for Micro, Small, and Medium Enterprises (MSEs) and startups to encourage participation. These provisions may encompass financial aids, preferential pricing policies, and assistance in compliance with procurement rules.
Evaluation Process
The evaluation process for this tender will consider several critical factors, including the quality of offered services, compliance with technical specifications, and financial viability. A combination of qualitative and quantitative metrics will be used to assess submissions and ensure that the most qualified bidder is selected.
Delivery Locations
Bidders should be prepared to deliver the ATM Cash Recycler Machines to designated locations as specified by the Department of Financial Services. Timely delivery and installation are crucial components that will be evaluated as part of the overall service offering.
Contact Information
For further queries or clarifications regarding this tender, participants are encouraged to reach out to the issuing authority via official channels provided in the tender documents.
In conclusion, this tender represents an opportunity for capable bidders to engage with government procurement processes while contributing to the modernization of banking services through advanced cash handling solutions.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
7 DocumentsDocuments Required from Seller
- Experience Criteria
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements involve being a registered entity with relevant certifications and licenses to operate. Bidders must demonstrate a proven track record in supplying similar equipment within the last few years. Additional criteria may include financial stability and capacity to fulfill the requirements of the tender.
Bidders must present necessary certificates demonstrating compliance with industry standards and regulations related to manufacturing and supplying ATM equipment. Relevant ISO certifications or equivalent are typically expected, alongside any safety and operational certifications that the Cash Recycler Machines must meet.
The registration process typically involves creating an official account on the procurement platform, filling out required details, and submitting relevant documents, including company registration, license, and proof of eligibility as outlined in the tender documentation.
Bidders should submit their documents in accepted formats as specified in the tender details, which generally include PDF or Word formats for text documents and potentially other formats for diagrams or specifications. It’s crucial to follow the guidelines to avoid disqualification.
The payment terms involve understanding the milestones set within the contract, which may include an advance payment upon contract signing, followed by payments upon successful delivery and installation of the ATM - Cash Recycler Machines. Additionally, performance security requirements may also influence payment timelines and processes.
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